Exports of these products, in particular, were slowed by the decline in steel production in China In the 2025/2026 fiscal year (ending March 31), India reduced its exports of iron ore and pellets by 15% year-over-year, to 25.78 million tons, according to data from BigMint. Exports of fine and lump ore for the period totaled nearly 22.31 million tons (-3% year-on-year), while overseas sales of pellets are estimated at 3.47 million tons (-53% year-on-year). In the 2025/2026 fiscal year, India sold iron ore primarily to China—this country accounted for over 90% of exports of this product during the period. However, the volume of these shipments fell to 24.21 million tons compared to 27.8 million tons in the previous fiscal year. Iron ore exports from India were slowed by the decline in steel production in China in 2025, the drop in global iron ore prices last ...

At the same time, the Dutch parliament is considering support for the decarbonization of the plant in Eemeden Tata Steel IJmuiden is exploring ways to resolve the issue facing two of its coke-chemical units, which are at risk of closure due to excessive emissions of heavy metal particles and carcinogenic benzene. This was announced by the company’s CEO, Hans van den Berg, according to DutchNews.   In March, the company paid €8.5 million in fines for violating environmental standards set for these facilities, and further penalties are expected.   Tata Steel notes that it cannot shut down these facilities in the near future for economic reasons, but local residents are demanding action.   Meanwhile, the lower house of the Dutch parliament has agreed to support a €2 billion subsidy package for the Tata Steel facility ...

Domestic demand for steel in the country remains subdued The Japanese steelmaker Tokyo Steel is raising prices for its steel products for April sales due to rising raw material costs, according to BigMint. Prices for hot-rolled coils (1.7–22 mm) are rising by 7,000 yen per ton ($44/t) compared to the previous month, and prices for rebar and sections are rising by 5,000 yen/t ($31/t) compared to the previous month. Thus, following the revision, Tokyo Steel’s prices stand at $584/t for HRC (1.7–22 mm) and $546/t for rebar (D13–25). Domestic demand in Japan remains cautious amid uncertainty regarding future construction activity in some regions, and delays in the transition to higher price levels are slowing market activity. However, steel producers are increasing their rolling supply schedules. At the same time, scattered inventories in the ...